MUMBAI (Reuters) - India has reduced the excise duty on petrol-driven trucks to 8 percent from 20 percent, the budget document showed on Monday.
Specific component of excise duty applicable to large cars and utility vehicles of engine capacity of 2000 cc and above will be reduced to 15,000 rupees per vehicle from 20,000 rupees earlier, the document said.
For highlights, click http://in.reuters.com/news/globalcoverage/budget2009
Specific component of excise duty applicable to large cars and utility vehicles of engine capacity of 2000 cc and above will be reduced to 15,000 rupees per vehicle from 20,000 rupees earlier, the document said.
For highlights, click http://in.reuters.com/news/globalcoverage/budget2009
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